BP Announces First Delivery of Offset LNG Cargo to CPC Corporation

BP has announced that it has delivered its first carbon offset LNG cargo to CPC Corporation, Taiwan. The cargo arrived to Yung An terminal in Taiwan. This is BP's first delivery of carbon offset LNG in the Asia-Pacific region. Prior to this, the company had made a delivery to Sempra LNG at Energia Costa Azul terminal in Mexico in July 2021.

Globally the demand for LNG has grown rapidly, driving the need for diversified offerings in this segment. BP aims to address this.

“Natural gas has a key role to play in ‎getting the world to net zero. This new offer further demonstrates our determination ‎to remain one of the world’s leading and most innovative LNG suppliers. The ‎development of a clear and reliable methodology for quantifying the carbon intensity ‎of our LNG supply chain is an important step in helping our customers deliver their ‎sustainability goals and supports our ambition to help the world get to net zero," said Carol Howle, EVP of bp trading & shipping.

BP aims to become net zero by 2030 by removing its reliance on carbon credits.

 

Quaybridge has formed an alliance with bp to advance the company’s global offshore wind portfolio

Quaybridge, a popular name in the UK energy segment, has recently made an announcement that it is partnering with bp. Both the companies are expected to work cordially to improve bp's global offshore wind portfolio, and they also want to scale bp's offshore wind knowledge. The new agreement will allow team members from Quaybridge to work closely with bp's renewables business development team. From bp's SVP renewables growth, David Anderson has stated that it is crucial to invest in the right skill because it plays a major role in a business's success.

He furthermore added that Quaybridge is well known in the industry for its entrepreneurial spirit and technical expertise. The new partnership is expected to play a major role in giving the companies an edge in this highly competitive segment as they are looking forward to accelerating their global portfolio. Everoze was responsible for forming Quaybridge in 2018, and it was able to accumulate the necessary expertise. Quaybridge services are aimed at the global level, where companies from various regions can make use of their services. Colin Morgan, team director at Quaybridge, has stated that the company is very excited to support bp in its effort, and the whole team will work diligently to deliver success.